Author: admin

GameStop (GME.N), opens new tab said on Sunday ​that it has proposed to buy all common shares of eBay Inc (EBAY.O), opens new tab for about $56 billion. CEO Ryan ‌Cohen, GameStop’s largest investor, said the offer price is $125 a share in a 50-50 mix of cash and stock. Based on eBay’s Friday close, the bid represents a premium of about 20%. GameStop’s unsolicited offer to buy the U.S. online marketplace was first reported ​by the Wall Street Journal, citing an interview with Cohen. Cohen told the Journal that putting eBay and ​GameStop under one roof would create huge…

Read More

Chinese robotics startup Linkerbot, the global market leader in highly dexterous robotic hands for humanoids, will seek a $6 billion valuation ​in its next financing round, double the valuation in a just-closed funding, the company said. Beijing-based Linkerbot completed what it called a “series B+” funding ‌round last week that valued it at $3 billion. It did not say when the next funding round will be launched or whether it was targeting the previously undisclosed $6 billion valuation in a private investment round or in an initial public offering. Prominent early backers of the two-year-old unicorn include Alibaba’s (9988.HK) Ant…

Read More

Pakistan cricket team players Babar Azam and Khurram Shahzad have departed for Dhaka to participate in the two-match Test series against Bangladesh. Babar Azam and Khurram Shahzad, who are part of Peshawar Zalmi in the PSL, did not travel with the squad to Bangladesh two days earlier due to their PSL commitments. Both cricketers had participated in the PSL final last night and are expected to join the national Test squad late tonight in Dhaka. In addition, several members of the Pakistan Test team support staff have also left for Dhaka. The Pakistan Test squad is scheduled to hold its…

Read More

Pakistani showbiz actress Nimra Khan has officially announced her second marriage, sharing the news with fans on social media. The actress revealed the happy news through her official Instagram account, where she is followed by millions of fans. She posted a wedding picture from Paris, in which she can be seen wearing a pink outfit, while her husband is dressed in a grey suit. However, she has not disclosed the identity of her spouse. Following the announcement, fans and fellow showbiz personalities have extended their best wishes and prayers for the couple’s future.

Read More

The buzz around Shah Rukh Khan’s King has taken an unexpected turn after unauthorised behind-the-scenes visuals featuring King Khan and Deepika Padukone leaked online prompting director Siddharth Anand to step in with a firm public appeal. The images and clips, reportedly from the film’s ongoing South Africa schedule, quickly spread across social media, offering fans a glimpse of the highly anticipated action thriller before its official reveal. The leaked picture included candid moments from the set, including visuals of Deepika Padukone who is currently pregnant, filming scenes alongside Shah Rukh Khan. The unexpected leak sparked a frenzy online, with fans…

Read More

The Lahore High Court has conditionally suspended a sessions court decision directing singer Meesha Shafi to pay Rs5 million in damages to Ali Zafar in a defamation case linked to sexual harassment allegations. Justice Ahmed Nadeem Arshad heard Meesha Shafi’s appeal in the Lahore High Court. Advocate Saqib Jilani appeared before the court on behalf of Meesha Shafi. The court issued a notice to Ali Zafar on Meesha Shafi’s appeal and sought his response. The court directed that Meesha Shafi must deposit half of the damages amount in court. The remaining amount will be deposited through a short bond or…

Read More

Apple (AAPL.O) ​on Thursday touted blowout demand for its flagship iPhone 17 and the MacBook Neo that helped power a solid sales forecast and sent its shares ‌up nearly 4% after hours. Apple, though, warned of continuing chip supply constraints, and the forecast underscored how it was fending off supply-chain pressures and rising memory chip costs with strong demand for its new Mac Neo, resilient services growth and robust sales in China. The upbeat outlook and a fresh $100 billion share buyback offered reassurance to investors weighing Apple’s leadership transition amid intensifying competition in artificial intelligence. Apple executives said they…

Read More

The Islamabad High Court (IHC) has scheduled the hearing of central appeals against the sentences of PTI founder Imran Khan and Bushra Bibi in the 190 million-pound case for May 7. The court dismissed earlier requests to suspend the sentences, declaring them ineffective after the appeals were set for hearing. A division bench comprising Chief Justice Sardar Sarfaraz Dogar and Justice Muhammad Asif heard the case. Both the PTI founder and Bushra Bibi had requested the court to hear their plea for suspension of sentences before the main appeal, which the court rejected. The petitions had been filed in March…

Read More

An earthquake of magnitude 5.2 struck Islamabad, Peshawar, and several other parts of Khyber Pakhtunkhwa on Monday, the Seismic Monitoring Centre said. The quake was recorded at a depth of 125 kilometres. The monitoring centre said the epicentre was located in the border region between Tajikistan and China. No immediate reports of damage or casualties were received following the tremors.

Read More

 Iran’s military warned US forces on Monday not to enter the Strait of Hormuz after President Donald Trump said the United States would start ​helping to free ships stranded in the Gulf by the US-Israeli war on Iran. Trump gave few details of the plan to aid ships and their crews that have been “locked up” in the vital waterway ‌and are running low on food and other supplies more than two months since the conflict began. “We have told these Countries that we will guide their Ships safely out of these restricted Waterways, so that they can freely and…

Read More